Scrutinizers report of Annual General Meeting held on May 29, 2026

Ugro Capital Limited held its 33rd AGM on May 29, 2026 via video conferencing. 7 resolutions were put to vote - 5 ordinary and 2 special. All ordinary business items passed with overwhelming majority (99.5%+), including adoption of standalone and consolidated financial statements, re-appointment of director Rohit Goyal, and appointment of G.P. Kapadia and Co. as statutory auditors. Special business included re-appointment of Vice Chairman and Managing Director Mr. Shachindranath (passed with 56% majority), grant of ESOPs to subsidiary employees (passed with 99.5%), and payment of variable compensation to the MD (FAILED - only 56% in favor vs. required 75% for special resolution). 46 shareholders attended via VC. Total voting participation was 58.5% of share capital.